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The Latest Breaking News on Real Estate

Country Garden Services Expects 30% Profit Drop as Property Downturn Drags On

Property managers’ slight increase in first half revenue is accompanied by a significant drop in net profits

Caixin Global

Tories demand Labour Government put Sadiq Khan in 'special measures' over affordable housing

Slow progress on the mayor’s affordable homes programme has been blamed by his team on “the disastrous inheritance from the last Government”

Evening Standard

Halifax and Nationwide cut mortgage rates once again as price war gathers pace

Cheaper home loans expected to fuel a bouyant property market in the autumn

Evening Standard

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read the most diverse news in one place.

‘I’ve met seven housing ministers, one of them twice’: the head of Homes England on the battle to build

In the light of Labour’s ambitious housing programme, Peter Denton, the man charged with getting residential projects started for the private sector, has his work cut out

The Guardian - UK

Largest UK housing association fined for failing to fix child’s bedroom window for four years

The severely delayed repair led to parts of home developing mould, housing watchdog says

The Independent UK

Council rezones land to make room for more houses near Costco

The rezoning is expected to make way for more houses at Boolaroo.

Newcastle Herald

Paul Keating takes on Nancy Pelosi, after she accused him of ‘ridiculous’ comment about Taiwan

Former prime minister Paul Keating has launched a war of words against veteran US Democratic politician Nancy Pelosi, after she accused him of making a “stupid” comment.

The Conversation

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Nancy Pelosi rebukes former Australian PM Paul Keating over ‘stupid statement’ on Taiwan

In return, Keating chastises former US House speaker for her ‘recklessly indulgent visit to Taiwan’ in 2022

The Guardian - AU

Whitebridge mansion returns to market five years after selling for $3.85 million

The property is on the exclusive Burwood Road strip.

Newcastle Herald

UK’s biggest housing association fined over four-year failure to fix window

Clarion case among several ‘severe maladministration’ examples highlighted by housing ombudsman

The Guardian - UK

TikTok influencer who peddles riches through real estate is arrested on wire fraud charges

“Always remember, you can’t make money if you’re a fucking p***y,” accused wire-fraudster Teddy Miller told prospective clients.

The Independent UK

Submissions pour in as Iris tries to turn around EastEnd refusal

Iris Capital's review application has attracted 268 submissions.

Newcastle Herald

Labour prepares to limit landowners’ gains from sale of green belt land amid push for new homes

The planned move comes as part of the government’s plan to overhaul the planning system and build 1.5 million new homes by 2030

The Independent UK

Mortgage or orgasm? Why gen Z would happily give up sex – if it meant they could buy a house

A survey has found gen Z and millennials would willingly forgo sex for a deposit on a home. Boomers, though, wouldn’t be so keen to give up bonking

The Guardian - UK

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AAP

All Rosehill housing facts not yet out, premier warns

The racing community has been urged to hold judgment on a plan to rip up a historic track as the NSW premier defends his friendship with the plan's instigator.

The Independent UK

Record £1.4bn in property insurance claims paid out in the second quarter – ABI

Subsidence payments for home insurance claims increased in the second quarter of the year, hitting a record £60 million, the ABI said.

The Guardian - AU

East coast weather warning – as it happened

This blog is now closed

The Independent UK

Trump is still trying to make Harris’s laugh a problem. People who know her well explain why

Those who know Harris recognize an old nervous tic. And they also think they know why Trump – a man with ‘no sense of humor’ – hates it so much. Io Dodds reports on a Republican attack line that still won’t stick

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AAP

No reset for Greens, Labor deadlock over housing crisis

Greens housing spokesman Max Chandler-Mather has urged the new housing minister Clare O'Neil to do more to fix the housing crisis.

Reason

Federal Appellate Court Rules in Favor of Takings Lawsuit Against the CDC's Covid-Era Eviction Moratorium

The 2-1 decision overrules a trial court decision that went the other way, and could set an important property rights precedent.

Kiplinger

Why I'm Not Giving Up on Value Stocks

James Glassman explains why he still has faith in investing in value stocks.

AAP

Cost of living, union corruption in focus as MPs return

Labor wants to shift the focus to cost-of-living relief and social action as the coalition heaps pressure on its handling of inflation and national security.

Kiplinger

With Mortgage Rates Dipping, Is Now a Good Time to Buy a House?

Pricing pressure, interest rates, and rising unemployment numbers have sidelined homebuyers. But now that the Fed has cut rates, is it a good time to think about getting back into the market?

The Guardian - AU

Clare O’Neil promises ‘profound and transformative’ investment to ease housing crisis

As issue becomes major election battleground, housing minister urges Coalition and Greens to ‘be part of the solution’ amid hold-up of bills in parliament

Reason

Pacific Legal Foundation Report on "Locking Squatters Out: How States Can Protect Property Owners From Squatters"

The report has useful data on the scope of the problem, and recommendations on what can be done about it.

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